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Parker Names New Instrumentation Group President Roger Sherrard

October 22, 2003

CLEVELAND, Oct. 22 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH) today announced the promotion of Roger Sherrard, age 37, to the position of worldwide Instrumentation Group president, effective November 1, 2003. In this role, Sherrard succeeds Lee Banks, who recently became the company's Hydraulics Group president.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )

Sherrard most recently served as General Manager for Parker's Automation Actuator Division in Wadsworth, Ohio. He joined Parker in 1989 as a field Application Engineer with the Compumotor Division, and also held positions as Regional Sales Manager and Manufacturing Manager.

"I'm honored to have the opportunity to serve in Parker's Instrumentation Group," commented Sherrard. "We'll continue to provide our global customers with the highest quality solutions for their critical fluid control systems. Parker brings excellent engineering capabilities and a global service network in instrumentation for microelectronics and process technologies. We're well positioned to grow this business with a broad range of products and customer- focused innovation."

Sherrard obtained his Mechanical Engineering undergraduate degree from Georgia Institute of Technology and his MBA from Case Western Reserve University.

With annual sales exceeding $6 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company employs more than 46,000 people in 44 countries around the world. For more information,.visit the company's web site at www.parker.com , or its investor information site at www.phstock.com .

SOURCE Parker Hannifin Corporation

CONTACT: media, Lorrie Paul Crum, VP, Corp. Communications, +1-216-896-2750, after hours, +1-330-666-4196, or lcrum@parker.com, or financial analysts, Pamela Huggins, VP & Treasurer, +1-216-896-2240, or phuggins@parker.com, both of Parker Hannifin Corporation

Web site: http://www.phstock.com

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